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, president of the california business roundtable. hello to both you. ian a you heard mr. hofmeister knows a thing or two about this. we can knock the saudis off and change world politics and changes our balance of trade. will the epa block it, diana? >> well, i don't know but maybe we should listen to what president obama was saying last year. he was brag being the oil and gas development we have in the united states. we got to remind him about that when the new epa regulations come out. so we -- we want to make sure he doesn't bring out those old ozone regulations that he shell of ad couple of years ago because he said they would damage the economy. our economy is growing slower now than it was then. we are really regulating to disaster. >> epa in 2010, diana? $23 billion of regulatory costs for the year 2010. >> that's what epa says. it is really probably a lot more than that. i mean, thee regulations, the mercury, the car ever carbon, ozone, each cost $100 billion each. >> all right. >> they don't have to justify them with benefits because it is maximum achievable control technology. i
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